Electric Vehicle
Hyundai Motor Unveils $50 bn Investment Plan to Drive Electric Vehicle Dominance
Hyundai Motor Group announced its intention to invest 68 trillion won (approximately $50.6 billion) in a bold strategic move aimed at fortifying its position...
Electric Vehicle
LG Energy Reveals Progress on $5.5 bn Battery Manufacturing Complex in Arizona
LG Energy Solution’s project to construct a major battery manufacturing complex in Arizona remains on course, with expectations of completion within two years.
The company’s...
Electric Vehicle
Tesla Quarterly Deliveries Decline as it Faces Mounting Pressure in China
Tesla has reported a notable decline in quarterly deliveries, marking its first drop in nearly four years, Reuters news report said.
After experiencing robust sales...
Electric Vehicle
Xiaomi’s Debut Electric Car SU7 Draws Over 100,000 Orders
Chinese tech giant Xiaomi announced on Wednesday the remarkable reception of over 100,000 orders for its inaugural electric vehicle, the SU7.
During a ceremony held...
Electric Vehicle
Norway Set to Surpass Petrol Cars with Electric Vehicles by 2025
Norway is poised to achieve a historic milestone as the number of battery electric vehicles (BEVs) on its roads is projected to surpass petrol...
Electric Vehicle
LG Energy and General Motors’ JV Starts Second Battery Plant in US
LG Energy Solution (LGES), a battery manufacturer based in South Korea, announced on Tuesday the commencement of production at its second battery plant in...
Electric Vehicle
Ola Electric Registers 115% Increase in EV Business in FY24
Ola Electric, a prominent player in the electric vehicle (EV) industry, has announced a staggering growth of 115 percent in the fiscal year 2023-24...
Electric Vehicle
Tata Motors and HPCL to Expand EV Charging Infrastructure Across India
Tata Motors Ltd’s electric mobility unit has joined forces with Hindustan Petroleum (HPCL) to establish EV charging stations nationwide, leveraging HPCL’s network of 21,500...